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Tuesday, 01/15/2008 12:44:51 PM

Tuesday, January 15, 2008 12:44:51 PM

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VSRV is Bringing VOIP and Cell Technologies to Emerging Markets in the Middle East, Asia and Beyond

With Cell phones being used in almost every part of the world today it is easy to see that there is enormous market potential and revenue prospect. Competition for these customers is fierce. London based VoiceServe has managed to carve out its own niche market with worldwide prepaid Cell services and VoIP technology that is extremely cost effective.

The 13 year telecommunication expert who leads the company is President Alexander Ellison. He has managed one of Belgium’s premier auction houses and served as an independent marketer for a number of publicly traded companies. Mr. Ellison is a Co-Founder of the company and brings a large amount of experience to the firm.

Currently the company is in its initial growth stage using targeted Marketing strategies to get the word out about its products and services. The company is also utilizing a strategic acquisitions strategy, where they recently acquired VOIPSwitch to complement their VOIP services for $3 million in US dollars. This helps enhance the company’s VOIP capabilities and projected VOIP revenues are expected to be $7 million in 2008.

Revenues continue to rise as the company grows its market bases. Last quarter revenue was up $34,000 from the first quarter. Since the company is in its initial growth stages they showed a net loss for the quarter, but as this starts to pay off, the company’s Net Income is anticipated to be in the black. The company has a large potential market with recurring revenue streams, promising to be a winner within the telecommunications industry.